AEDES Technical Analysis - AEDES SPA

Technical Rating and Analysis

We assign a technical rating of 7 out of 10 to AEDES. Although AEDES is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

100% of all other stocks performed better in the past year than AEDES.

AEDES is one of the lesser performing stocks in the Diversified REITs industry. 97% of 42 stocks in the same industry do better.

The long and short term trends are both positive. This is looking good!

In the last month AEDES has a been trading in the 0.18 - 0.23 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although AEDES has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.16

0.23

3 important support areas can be observed.

A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 0.19 to 0.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Support @0.16 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Support and Resistance indicators

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Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for AEDES.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for AEDES.MI is up.
ChartMill Relative Strength	0	NEGATIVE	AEDES.MI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of AEDES.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of AEDES.MI is above the rising SMA(50).
Relative Strength Index/RSI (14)	64.42	NEUTRAL	The RSI value for AEDES.MI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests AEDES.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	79.63	NEUTRAL	The Stochastics value for AEDES.MI is a neutral value.
Average True Range in percent/ATR (20)	3.22	MEDIUM VOLATILITY	The ATR as a percentage value for AEDES.MI suggests some volalility.
Average Directional Index/ADX (14)	12.71	NEGATIVE	The low ADX value for AEDES.MI suggests a weak or negative trend.